Gold suffered its worst single-day crash in over 40 years, with ~$3T wiped from precious metals, while Bitcoin held above ~$82k—fueling a thesis that capital may rotate from crowded gold trades into BTC over the next few months as macro liquidity improves.

TL;DR: Gold had its worst single-day crash in over 4 years. Safe haven getting rekt while crypto also bleeds. Macro uncertainty hitting all risk assets hard. When even gold dumps, you know the market is spooked.

TLDR by @ClydeTheSavage

More coverage

• Precious Metals Bloodbath: Silver's Worst Day in History as Gold ... (tradingkey.com)
• Gold Bounces from Worst Crash Since 2013 After 'Tourists' Flood In (bullionvault.com)
• Gold and silver suffer historic crash, wiping $7 trillion ... - Market Index (marketindex.com.au)

Explore the topic

• Metals
• BTC
• Macro
• Gold